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ID H0621

Bill

Status

Passed

3/23/2012

Primary Sponsor

Appropriations Committee

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Appropriates $3,215,300 to the State Treasurer for fiscal year 2013 (July 1, 2012 through June 30, 2013), distributed across five funds: General Fund ($1,341,600), State Treasurer LGIP Fund ($445,500), Treasurer's Office Professional Services Fund ($463,700), Idaho Millennium Income Fund ($80,000), and Abandoned Property Trust - Unclaimed Property Fund ($884,500).

  • Authorizes the State Treasurer to maintain no more than 26 full-time equivalent positions during the fiscal year, unless specifically authorized by the Governor, with the Joint Finance-Appropriations Committee to be notified of any increases.

  • Directs agencies to provide a 2% pay increase for all classified and nonclassified permanent performing employees, and allows use of excess personnel appropriations or salary savings for merit increases to recognize and reward employees.

  • Requires the Department of Administration to maintain current health insurance benefit packages to the extent possible, potentially requiring employee cost sharing for increased health insurance expenses.

  • Designates $435,900 from the appropriation to be used solely for payment of bank service fees for the fiscal year period.

Legislative Description

Appropriates $3,215,300 to the State Treasurer for fiscal year 2013; limits the number of full-time equivalent positions to 26; provides guidance for employee compensation and benefits; and identifies amounts to be used for bank service fees from the appropriation.

STATE TREASURER

Last Action

Governor signed Session Law Chapter 116 Effective: 07/01/12

3/23/2012

Committee Referrals

Finance3/7/2012

Full Bill Text

No bill text available